Horizontal Grid Lines

A modification of Grid_v1.0. Permanently change default input colors, values etc see Stop Loss and Take Profit Scripts, scroll down to “Make your own Scripts…”. See also MQL4 Color Table.

Input Parameters:

H-Grid Size in points = 100;

H-Grid 1 Color = clrLightSlateGray;

H-Grid 2 Color = clrLightSlateGray;

Line 1 Style = 2;

Line 1 Width = 1;

Line 2 Style = 2;

Line 2 Width = 1;

Weeks = 10;

Show Labels = true;

Label Color = clrDodgerBlue;

Font size = 11;

Fond Bold = false;

Corner = 1;

Left – Right = 20;

Up – Down = 150;

MT4 Indicators – Download Instructions

Horizontal Grid Lines is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
Horizontal Grid Lines provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust their strategy accordingly.

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MT4Indicators.com is the library to the thousands of indicators for MetaTrader 4 developed in MQL4. Regardless of the market (forex, securities or commodity market), indicators help to represent quotes in an accessible form for easy perception.